Enstar Group (NASDAQ:ESGR) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Enstar Group (NASDAQ:ESGR) in a report published on Thursday. The brokerage issued a hold rating on the insurance provider’s stock.

Enstar Group Trading Up 1.0 %

NASDAQ:ESGR opened at $323.36 on Thursday. The stock has a market cap of $4.92 billion, a PE ratio of 6.28 and a beta of 0.66. Enstar Group has a fifty-two week low of $229.57 and a fifty-two week high of $348.48. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.31 and a quick ratio of 0.31. The stock’s 50-day moving average is $322.04 and its two-hundred day moving average is $312.01.

Enstar Group (NASDAQ:ESGR) last released its quarterly earnings data on Monday, July 29th. The insurance provider reported $10.78 earnings per share for the quarter. Enstar Group had a net margin of 81.31% and a return on equity of 18.55%. The firm had revenue of $159.00 million for the quarter.

Institutional Trading of Enstar Group

Institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its holdings in Enstar Group by 4.0% in the second quarter. Dimensional Fund Advisors LP now owns 793,067 shares of the insurance provider’s stock worth $242,442,000 after buying an additional 30,831 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Enstar Group by 2.4% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 412,455 shares of the insurance provider’s stock valued at $126,087,000 after purchasing an additional 9,520 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in shares of Enstar Group by 2.7% during the 4th quarter. Hotchkis & Wiley Capital Management LLC now owns 341,150 shares of the insurance provider’s stock valued at $100,418,000 after purchasing an additional 8,820 shares in the last quarter. Harspring Capital Management LLC lifted its stake in shares of Enstar Group by 3.6% in the 2nd quarter. Harspring Capital Management LLC now owns 195,000 shares of the insurance provider’s stock valued at $59,612,000 after purchasing an additional 6,750 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in Enstar Group by 14.0% in the second quarter. American Century Companies Inc. now owns 166,358 shares of the insurance provider’s stock worth $50,856,000 after purchasing an additional 20,416 shares in the last quarter. Institutional investors and hedge funds own 81.01% of the company’s stock.

Enstar Group Company Profile

Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios in run-off in Bermuda and internationally. It engages in the run-off property and casualty; other reinsurance; life and catastrophe; and legacy underwriting businesses; as well as investment activities. The company also provides consulting services, including claims inspection, claims validation, reinsurance asset collection, syndicate management, and IT consulting services to the insurance and reinsurance industry.